55-57 Drew Road, Belmont MA 02478

Belmont, MA 02478 • Waverley
$1,240,000
4
Beds
2
Baths
2,460
Sq Ft
$504
Price/Sq Ft
0.12
Acres
1926
Year Built
2
Garage Spaces
12
Days on Market
Sold Listed Apr 12, 2023 • MLS# 73097600 Copied! • Updated Jun 14, 2023

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Sale Statistics

Sale Overview
Original List Price: $1,095,000
Final Sale Price: $1,240,000
Difference: +$145,000 (+13.2%)
Performance Metrics
113.2%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $445
Sale $/sq ft: $504
This property sold for $504 per square foot
Sale Summary

This property sold for 13.2% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$504/sq ft
Area Median
$522/sq ft
Difference
3.4%

This property sold near the area median for similar homes.

About this home

Meticulously Maintained 2 Family Located Equidistant to Vibrant Belmont Center & Cushing Square Features Newer Granite Kitchens, Tile Baths, Fireplaced Living Rooms, Formal Dining Rooms with Wainscoting, Charming Gumwood Trim, Gleaming Hardwood Floors, Relaxing Rear Porches, Newer 2011 Windows, Newer Separate Heat Systems, Newer Separate Electric, Separate Water Meters, Newer 2011 Roof, Walk Up Attic for Potential Expansion, and 2 CAR GARAGE. Convenient to Parks, Schools, Shopping, Eateries, Community Rail, and Other Public Transportation. Wow!

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Recently Sold Nearby

Property History

Market Insights

31.6%
Price Range
13
Total Days on Market

Property Timeline

Current Active Listing - MLS #73572862
Full transaction history available when tracking began
🏡
Currently Listed
Sep 8, 2026
$1,599,990
MLS #73572862 - Active
Sold
Jun 14, 2023
$1,240,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Apr 12, 2023
$1,095,000
Original listing
Agent: Hans Brings RESULTS Office: Coldwell Banker Realty - Waltham

Tax History

Year Taxes Assessment
2022 $11,895 $1,029,000

Financial Details

Annual Property Tax
$11,895
Tax Year 2022
Assessed Value
$1,029,000

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1926
Living Area 2,460 sq ft
Lot Size 0.12 acres
Bedrooms 4
Full Baths 2
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $2,400/mo · Y
Total Monthly Rent $2,400/mo
Gross Income $28,800
Net Operating Income $28,800
Cap Rate 2.63%
Heating Steam, Natural Gas
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Washer, Dryer
Fireplace Wood Burning
Fireplaces 2
Basement Full, Unfinished
Laundry None
Features Stone/granite/solid Counters, Living Room, Dining Room, Kitchen, Sunroom
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Off Street
Total Spaces 6
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $11,895
Assessed Value $1,029,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Lease Ends June 30 2023 And Tenant Plans To Move Then.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 13 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
Sold
Year Built
1926
Bedrooms
4
Full Bathrooms
2
Living Area
2,460 sq ft
Total Rooms
12
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer
Interior Features: Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Sunroom
Windows: Insulated Windows
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1926
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block
Stories: 2

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 6
Parking Features: Off Street

Special Features

Fireplaces: 2
Fireplace Type: Wood Burning
Community Amenities: Public Transportation, Shopping, Park
School District
Belmont School District local
A+
School Safety 2024-25
0.6% Low
0.6% Suspensions 0.8% In-School
4.9% below state avg
E

Elementary Schools

7 schools
A
Winthrop L. Chenery Upper Elementary School
0.5 mi | #164 of 825 | Score: 56.5
Dropped 14 spots from last year
-1.8 below state avg
1,028 students Diverse
Diverse Student Body Strong Attendance
Grades 04-06
CNS/Pathways Academy
0.7 mi
Grades 01-12
Belmont Day School
0.7 mi
Grades PK-08
B+
Roger E Wellington School
0.4 mi | #257 of 825 | Score: 52.1
Dropped 239 spots from last year
-6.1 below state avg
388 students Diverse
Diverse Student Body Strong Attendance
Grades PK-03
A+
Daniel Butler School
0.5 mi | #77 of 825 | Score: 60.4
Improved 1 spots from last year
+2.2 above state avg
254 students Diverse
Diverse Student Body Strong Attendance
Grades K-03
A+
Mary Lee Burbank School
0.8 mi | #14 of 825 | Score: 65.6
Improved 34 spots from last year
+7.4 above state avg
258 students Diverse
Rising School Strong Attendance
Grades K-03
A+
Winn Brook School
1.0 mi | #59 of 825 | Score: 61.4
Improved 20 spots from last year
+3.2 above state avg
280 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-03
M

Middle Schools

1 school
A+
Belmont Middle School
0.8 mi | #16 of 352 | Score: 62.1
Dropped 14 spots from last year
+3.9 above state avg
727 students Diverse
Strong Attendance
Grades 07-08
H

High Schools

4 schools
Arlington School
0.7 mi
Grades 08-12
Belmont Hill School
1.2 mi
Grades 07-12
Le Sallay Studies
1.4 mi
Grades 06-12
A+
Belmont High School
0.7 mi | #11 of 346 | Score: 75.4
Dropped 1 spots from last year
+17.2 above state avg
1,498 students Diverse
21 sports • 2,714 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

Waverley

55-57 Drew Road, Belmont MA 02478

Belmont, MA 02478

Listing Information

Listing Agent Hans Brings RESULTS
Listing Office Coldwell Banker Realty - Waltham
Office Phone 781-893-0808
Agent MLS ID TM336529
Office MLS ID AN6239
Listing Data Updated Jun 14, 2023 4:08 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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